ECONOMIC INDICATORS Economy grew 5.2% in 2022, second straight year of growth 23-03-2023 16:49 Improvement in GDP was consumer-led (up 9.4%) with exports up 5.7%, new INDEC report reveals.
ECONOMIC INDICATORS Argentina's economy contracts by most since pandemic to end 2022 22-03-2023 16:41 Argentina's economy contracted less than expected at the end of last year, with GDP down 1.5% in the fourth quarter of 2022 compared to the previous three-month period.
ECONOMIC INDICATORS Brazil's economy grew 2.9% in 2022 02-03-2023 12:12 Argentina's giant neighbour grew 2.9% in 2022, according to data released Thursday by the Brazilian Institute of Statistics.
ECONOMIC INDICATORS Not even a World Cup win can save Argentina’s economy from decline 24-02-2023 10:08 Economy contracted more than expected in December even after the country won its much-celebrated third World Cup title, lending weight to view that recession lies ahead later this year.
ECONOMIC INDICATORS INDEC: Economy grew 5.9% year-on-year in first 11 months of 2022 24-01-2023 21:59 November data shows Argentina’s economy contracted for a third straight month, further dampening the annual outlook for the coming 12 months.
Inflation Rises Inflation hit 94.8% in 2022, highest rate in 32 years 12-01-2023 17:34 INDEC reveals that prices increased by 5.1% in December, continuing the general downward trend but accelerating slightly from the preceding month.
BLOOMBERG – ANALYSIS Argentina's economy contracted in September after currency policy 24-11-2022 01:49 Economic growth has shown resilience this year despite expectations of a recession following political turmoil in July that resulted in the ouster of three economy ministers in four weeks.
ECONOMIC INDICATORS Economic activity fell in September, ending five-month run of growth 24-11-2022 01:45 INDEC national statistics bureau reports activity fell 0.3% in September from the previous month, ending a streak of five consecutive months of growth. Annually, the economy expanded 4.8% in the same month of the previous year .
ECONOMIC INDICATORS Prices have risen by 88% over last 12 months, reveals INDEC 15-11-2022 17:06 Inflation was 6.3% in October, according to national statistics bureau; Price hikes stand at 76.6% since the turn of the year, with 2022 likely to end with a rate in triple digits.
BLOOMBERG – ANALYSIS Argentina’s annual inflation spikes to 88%, topping G20 countries 15-11-2022 17:00 Consumer prices rose 88% in October from a year ago, surpassing Turkey’s 85.5% rate for the highest among Group of 20 nations.
ECONOMIC INDICATORS Economy grew in August despite political crisis 20-10-2022 17:17 Economy expanded 0.4% in August compared to July; From a year ago, the economy grew 6.4%, according to government data.
Poverty in Argentina Around 5.5 million children in Argentina living in poverty 29-09-2022 02:11 Child poverty affected 50.9% of Argentina’s population in the first half of 2022, according to the Permanent Household Survey (EPH) by the INDEC national statistics bureau.
ECONOMIC INDICATORS Poverty reached 36.5% in the first half of 2022 29-09-2022 02:05 According to government data, almost four out of every 10 people in Argentina are considered poor; More than half of children aged up to 14 years old live in poverty, with 5.3 million nationwide in extreme poverty.
Budget 2023 Budget 2023: Massa projects 2% growth and 60% inflation 28-09-2022 23:10 Gross domestic product will grow 2% in 2023, with the government aiming for a fiscal deficit of 1.9% and annual inflation rate of 60%, according to the draft budget bill unveiled by Economy Minister Sergio Massa.
ECONOMIC INDICATORS Economy stalled as inflation spiked in July 26-09-2022 17:30 Argentina’s economy plateaued in July as an inflation spike caused by political volatility paralysed some sectors.
ECONOMIC INDICATORS Argentina's second-quarter economic growth surpasses expectations 21-09-2022 15:07 Economy grew more than expected in the second quarter of the year as rising commodity prices boosted exports.
ECONOMIC INDICATORS Economy grew 6.3% in the first half of 2022, says INDEC 23-08-2022 17:34 Activity in June expanded 1.1% from a month earlier, well above economists' expectations of a 0.2% decline.
ECONOMIC INDICATORS INDEC: Economy grew 6% in the first quarter of 2022 23-06-2022 23:24 National statistics bureau reveals that unemployment remained stable in the first three months of the year, reaching 7%.
ANALYSIS Argentina’s annual inflation reaches 61% as investors worry 14-06-2022 18:08 Price gains reach almost 61% in annual terms as investors worry about the government’s ability to pay its local debt.
ECONOMIC INDICATORS Economy contracted more than expected in March, says INDEC 19-05-2022 17:58 Economic activity in Argentina grew 4.8% year-on-year in March, though it contracted 0.7% from the previous month.
PRICE HIKES Brazil April inflation rate hits 26-year high 11-05-2022 16:18 Brazil's inflation rate hit a 26-year high for the month of April, the government said Wednesday, as spiralling prices continued to defy the central bank's push to rein them in.
economy Economy shrank in January after strong finish to 2021 29-03-2022 17:14 Economic activity in January fell 0.5% from the previous month; Results signal a slowdown in growth ahead of finalising of IMF debt deal.
ECONOMIC INDICATORS Economy misses fourth-quarter estimates, but has record year 24-03-2022 14:45 GDP rose 10.3% in 2021, the best performance since the series began in 2004, according to official data.
ECONOMIC INDICATORS Argentina's manufacturing, construction shrink to start 2022 10-03-2022 19:46 Industrial production contracted 5.5% in January from previous month. Construction activity declined 3.9% in the same period.
ECONOMIC INDICATORS GDP grew 10.3% in 2021 after three years of decline 25-02-2022 14:51 National statistics bureau confirms Argentina’s gross domestic product rose 10.3% in 2021 – first year of growth since 2017.
2022 FORECAST IMF slashes 2022 global growth outlook, forecasts 3% rise in GDP for Argentina 26-01-2022 15:17 The Omicron variant of Covid-19 is creating an obstacle course for the global economy, which will slow growth this year, notably in the world's two largest economies, the IMF said Tuesday.
ECONOMIC INDICATORS Argentina more than halves 2021 budget deficit amid IMF talks 21-01-2022 22:56 Argentina sharply reduced its budget deficit in 2021 as President Alberto Fernández tries to cut down on spending amid talks with the International Monetary Fund.
ECONOMIC INDICATORS Argentina's trade surplus up by 17.7% in 2021 21-01-2022 22:49 Argentina closed out 2021 with a trade volume of US$141 billion, its biggest since 2013, and a surplus of almost US$15 billion, 17% higher than the previous year.
ECONOMIC INDICATORS Economy grew 10.8% in first nine months of 2021, says INDEC 17-12-2021 02:23 Argentina's economy grew 11.9% year-on-year in the third quarter, according to INDEC.
ECONOMIC INDICATORS Argentina’s economy posts strong third quarter rebound 16-12-2021 16:47 Gross domestic product rose 11.9% in the third quarter from a year earlier, rebounding thanks to vaccination and the re-opening of activities.
ECONOMIC INDICATORS Economic activity rose 12.8% in August year-on-year 22-10-2021 02:27 Activity up 10.8% on previous year in first eight months of this year, according to data from INDEC national statistics bureau.
Price increases World Bank rules out risk of hyperinflation in Argentina 06-10-2021 21:22 World Bank official plays down risk of hyperinflation in Argentina and says new agreement with International Monetary Fund regarding multi-billion-dollar debt will further reduce possibility.
Bloomberg Economic activity slowed in July amid uneven recovery 28-09-2021 18:44 Argentina's economy grew 11.7% in July from a year ago; Activity expanded 0.8% on a monthly basis, a slower pace from June.
ECONOMIC INDICATORS Argentina's economy shrank in second quarter amid worst Covid wave 21-09-2021 17:04 Gross domestic product fell 1.4% in the second quarter of 2021 compared to the previous period, government data shows.
BLOOMBERG Peru’s economy rebounds by record 42% after slump last year 24-08-2021 09:00 Peru's GDP grew 41.9% in the three months through June from the same period a year earlier, when the nation suffered the most severe contraction of any major economy due to the Covid-19 pandemic.
BRAZIL UNDER BOLSONARO Unemployment in Brazil hit record 14.7% in first quarter 27-05-2021 12:24 Unemployment in Brazil reached a record level of 14.7% in the first quarter of the year, 2.5 points up compared to the same period in 2020, official sources reported on Thursday.
PRICE RISES Argentina can’t overcome its chronic inflation issue 24-04-2021 01:41 In the first three months of 2021, price rises showed no sign of slowing down. As well as being cause for concern for the government, businesses and citizens are feeling the pinch.